Ulusoy Un, that is Turkey’s largest flour producer and only publicly-traded flour company, increased its wheat processing capacity from 900 tons/day to 3925 tons/day with its 50th Year Production Facility, which it established in Samsun Organized Gıda Sanayi. Ulusoy Un, which has increased its wheat processing capacity by 4.5 times since its public offering in November 2014, aims to become Turkey’s largest agricultural industry and food company in 2029.
Ulusoy Un, which was established in 1969 and has turned into one of the few food companies in Turkey today, makes a name for itself with its 4 production facilities and exports to 91 countries in 5 continents. Ulusoy Un, Turkey’s only and largest flour producer traded in the Stock Exchange, has increased its production capacity 4.5 times, its equity 9 times, the number of employees 3.5 times, and its exports 2.5 times, from the date of its public offering in November 2014 until the first half of 2022.
According to 2014 data, Ulusoy’s shareholders’ equity increased from 162 million TL to 1 billion 440 million TL in the first half of 2022, the number of employees increased from 199 to 701, the number of days of wheat processing increased from 900 tons/day to 3925 tons/day, and its exports from $42,96 million to 42.96 million. Ulusoy Un, has the largest and most digital flour production facility in Turkey, with the 50th Year Production Facility, which it established in Samsun Organized Food Industry. Making a statement on the subject, Ulusoy Un Chairman of the Board Dr. Eren Günhan Ulusoy said, “Our activities in the food sector, which started with Ulusoy Gıda in 1969, continued in the industry with the establishment of Ulusoy Un in 1989.
Today, Ulusoy Un’s three factories with a total wheat processing capacity of 3925 tons/day in 4 production facilities: 2085 tons/day in Samsun, 400 tons/day in Çorlu, 640 tons/day in Aydın and 800 tons/day in Ankara and silos, warehouses and free zone warehouses with a grain storage capacity of more than 300 thousand tons.
As Ulusoy Un, we made 3 important moves in terms of investments in the post-IPO period. The first is our 50th Anniversary Production Facility, which we have just established in Samsun Food Organized Industrial Zone. We have completed the production lines part of the project by commissioning the 4th and last unit of our 50th Anniversary Production Facility, which we commissioned in December 2019 in the first phase, in June 2022. The second important step is to have a storage capacity of 169 thousand tons in our 3 licensed warehouses in Çelikli/Kırıkkale, Alaca/Çorum and Yozgat/Sorgun. The third important step was the acquisition of Söke A.Ş. We are the company with the largest consolidated flour production capacity in Turkey at the moment.”
“We aim to be Turkey’s largest agricultural industry and food company in 2029”
Hygiene conditions at the 50th Year Production Facility, which was designed using the latest technology, were brought to the highest point and turned into Turkey’s most digital and exemplary factory. Stating that his claims are to have a production facility with the highest standards in food in the world, Dr. Eren Günhan Ulusoy pointed out that Ulusoy Un is the only flour company traded in the stock market in Turkey and shared the following:
“Ulusoy Un went public on 20.11.2014 and its shares started to be traded in Borsa Istanbul. With Ulidaş Tarım Ürünleri Licensed Warehousing Joint Stock Company, which was established on 27.02.2015 as a 100% subsidiary of our company, an investment has been made in the licensed warehousing system, which we can consider as the future of the agricultural sector. Currently, it continues its licensed warehousing activities with a total capacity of 169,000 tons in 3 regions, 42.000 tons in Çorum/ Alaca, 67.000 tons in Yozgat/Sorgun and 60.000 tons in Kırıkkale/Çerikli. Our subsidiary named ROLWEG SA was established in Geneva, Switzerland on 15.03.2018, with 100% of its capital owned by Ulusoy Un Sanayi ve Ticaret AŞ. On 18.09.2019, Alfaway Gıda Sanayi ve Ticaret AŞ, flour sales and marketing was established with 100% of the capital belonging to Ulusoy Un Industry and Trade AŞ. Our company purchased all of Söke Un shares on 11.01.2022.”
Underlining that they currently have the most innovative facility in the flour industry, Ulusoy stated that their goal is to become Turkey’s largest agricultural industry and food company in 2029.
“Turkey is a country with alternatives even if it doesn’t have a corridor mission”
The Eurasia President of the International Flour Industrialists and Grains Association (IAOM), Dr. Eren Günhan Ulusoy also drew attention to the fact that Turkey has become the world’s grain hub with the grain corridor. Ulusoy said, “The most critical aspect of this corridor is its contribution to the world’s wheat supply. Because when the products produced in Ukraine cannot reach the world, it is not possible to maintain the balance. Thanks to the corridor, a very important step was taken for this balance. Turkey has given the whole world an opportunity to overcome this food crisis. Among the countries to which products are shipped from the grain corridor, Spain ranks first with 1.8 million tons, and Turkey ranks second with 1.3 million tons. Turkey both acted as the guarantor of this agreement and procured a significant amount of products from this corridor. During the closure period, there were negotiations with other alternative supply countries. Although Turkey is not a corridor, it is a country with alternatives. This year’s harvest is better than last year thanks to the rains.
Turkey hosted the Joint Control Center (JCC), which controls the ships to be loaded and loaded in Ukraine. With the continuation of the agreement after November 19, Turkey will continue to play a leading role. In fact, there is also the use of Turkey as a transit point where products are downloaded, stored and resent, as envisaged in natural gas. With a licensed warehouse capacity of 8.5 million tons and a storage capacity at ports, Turkey has a sufficient infrastructure to do this. Turkey can take on such a role in a situation where it is not sure about the corridor.”
